| The law in relation to money laundering has developed significantly over the past few decades. Terrorist financing has dramatically evolved, kick-started by the 9/11 atrocities. Terrorist financing risks are nowadays incorporated as a matter of course within any organisation’s financial crime prevention strategy, however, the risks associated with terrorist financing are often wrongly seen as synonymous with money laundering risks and treated accordingly.
Techniques for terrorist financing differ drastically from those deployed by the money launderer. Are you viewing both these types of risks separately? Do you throw them together because it’s just easier? MHA offers the following services: - Full review of your organisation’s terrorist financing risks.
- Corresponding update of your policies and procedures to reflect how these risks are appropriately managed.
- Training and awareness initiatives for staff at all levels, explaining terrorist financing techniques and risks within the context of your business.
Please contact us for more information.
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No stone unturned...
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